Millennials trying to buy homes in today’s economy are up against a rock and a hard place. Unlike for their Boomer parents, the dream of buying a home continues to feel further away.

According to the National Association of Realtors (NAR), Millennials “continue to be fenced out of homeownership.” The organization reported that in 2025, the average age of first-time homeownership rose to 40 years old, up from 38 just the year before, with the share of first-time buyers falling to a record low of 21%. “The historically low share of first-time buyers underscores the real-world consequences of a housing market starved for affordable inventory,” said Jessica Lautz, NAR deputy chief economist and vice president of research.

Millennials are venting on Reddit

Millennials are airing their frustrations amongst each other in the Reddit thread r/Millennials, sharing their stories and experiences with their Boomer parents, with many calling Boomers “out of touch.”

@thejennifink The disconnect with reality is real but I can’t stop bringing it up. #housingmarket #zillow #realestate #boomers #millennials #millennialsoftiktok #home ♬ original sound – Jenni Fink

The disconnect with reality is real but I can’t stop bringing it up. #housingmarket #zillow #realestate #boomers #millennials #millennialsoftiktok #home ♬ original sound – Jenni Fink

One Millennial wrote, “This topic is like hitting a dead horse, but I just needed to rant. Back story, I work out at a gym with people who are our parents........

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